NASSI Launches Nationwide Grant Opportunity for Nigerian SMEs
The Nigerian Association of Small-Scale Industrialists (NASSI) has announced the launch of a major grant initiative designed to support Small and Medium-Sized Enterprises (SMEs) across Nigeria’s 36 states. This opportunity is made possible through a partnership with the SME Scale-Up Initiative and Seven-Up Bottling Company.
The grant program targets businesses in key sectors such as Agro-processing, Manufacturing, Services, Technology, Education, Fashion, and the Creative Industry. The primary objective is to provide financial assistance to SMEs that are ready to scale their operations, embrace innovation, and contribute meaningfully to Nigeria’s economic development.
During a recent press briefing, Engr. Ifeanyi Oputa, Director General of NASSI, emphasized that the initiative is aimed at driving innovation and empowering SMEs to invest in new technologies, products, and services. He stated that the funding will help businesses become more competitive, access new markets, and implement sustainable growth strategies.
Access to non-repayable grants presents a unique advantage for entrepreneurs, offering much-needed capital without the challenges of loan repayment or equity dilution. Mrs. Bukola Baruwa, the Southwest Coordinating Secretary, highlighted that this initiative reduces the financial burden on small businesses, enabling them to focus on critical areas such as operational efficiency, market expansion, and product development.
Speaking on the broader impact, Mr. Oluwaseun Akadiri, Southwest Coordinating Chairman, noted that the grant will empower Nigerian SMEs to explore global opportunities, foster innovation, and increase their long-term viability. Through strategic international partnerships, NASSI aims to position Nigerian enterprises for greater visibility and success on the global stage.
This grant opportunity represents a vital step in strengthening Nigeria’s entrepreneurial ecosystem. It offers not just funding, but also a chance for SMEs to rethink their business models, build resilience, and make lasting contributions to society.
Entrepreneurs interested in applying for the grant can register through the official portal below:
Link: https://
This initiative is a call to action for all forward-thinking SME owners ready to scale, innovate, and lead.
